White House adviser Hassett says rate hikes should be on the table

TREE NEWS update: White House economic adviser Kevin Hassett said on Tuesday that interest rate hikes are something everyone thinks should be put on the agenda, while respecting the Federal Reserve’s independence. He noted that refined oil prices remain high and the administration is making every effort to lower them. On Iran, he said the U.S. is tracking oil shipments through the Strait of Hormuz.